Over $250 million! Cambodia to build cement plant!

According to Cambodian media reports recently, a large Chinese-funded company wants to build a cement plant worth more than $250 million in Cambodia's Shiju Province, and its research work has been completed. Wei Songnan, the governor

of Shiju Province, pointed out that the company is now working with relevant departments and agencies to improve legal affairs in order to start construction of the plant, which will be located in Huangsongnong Township, Aola County.

According to the Governor, the company's study on the resource potential of the area has now been completed, which also includes addressing its negative impacts with stakeholders and preparing a master plan for the division of business areas and administrative areas for business operations. "In any case, there is still no information about when the construction of the cement plant will begin," he said.

Governor Wisongnam said that political stability, peace and security, a favorable geographical location, especially with major roads and highways, and an abundant labor force had led to the attraction of investment projects from all over the province. He said that these investment projects have brought many positive benefits to the province, including improving people's living standards and boosting national economic growth. Jiexiupan, general manager of

the Cambodian Association of Builders (CCA), said that investing in cement plants would bring many benefits to the Cambodian economy, including creating new jobs, reducing imports of cement, and even exporting cement abroad in the future. Because Cambodia has many locations (raw materials) where cement can be produced. "The growing Cambodian economy and the development of the construction industry will increase the demand for cement in Cambodia in the future, especially when the COVID-19 epidemic is fully under control,"

he added.